Groupe PSA Q3 revenue at €15.4 billion[1] and YTD revenue up 29.1% at €54 billion;
Peugeot Citroën DS (PCD) Automotive division revenue up 0.8%:
Strong market share increase in Europe: +0.7 pt [2];
Negative impact of exchange rates especially in Argentina, Brazil and Turkey;
Opel Vauxhall (OV) Automotive division revenue amounted to €3.9 billion;
Consolidated worldwide sales down 16.7% mainly because of the suspension of the group’s activities in Iran. In Europe, sales up 8.1%.
Group Q3 2018 revenue amounted to €15,428 million, compared with €14,309 million in Q3 2017. At constant 2015 exchange rate and perimeter, 2018 Group revenue was up 21.6% [3].
PCD Automotive divisionrevenue amounted to €8,485 million up by 0.8% compared to Q3 2017. The positive impact of product mix (+2.2%), sales to partners (+1.4%), price (+1.5%) and others (+0.9%) more than compensated the negative impact of exchange rates (-2.3%) and volumes (-2.9%).
OV Automotive division revenue amounted to €3,877 million in Q3 2018, compared with €2,789 million in Q3 20171.
With a total of 703,000 cars sold, Q3 2018 consolidated worldwide sales were up in Europe but down outside of Europe mainly because of the suspension of the group’s activities in Iran from May.
Total PCD inventory, including independent dealers, stood at 402,000 vehicles [4] at the end of September 2018, up 33,000 units compared to end of September 2017. OV inventory, including independent dealers, totalled 173,000 vehicles at the end of September 2018 down 64,000 units compared to end of September 2017.
Philippe de Rovira, Chief Financial Officer of Groupe PSA and member of the Executive Committee, said: « The execution of Push to Pass strategic plan and PACE! Opel Vauxhall turnaround plan is again proving to be a strong lever to deliver a sustainable performance despite an adverse environment. »
Market outlook: in 2018, the Group anticipates a growth of 2% of the automotive market in Europe, 3% in Latin America, 10% in Russia and 1% in China.
Operational targets
The Push to Pass plan sets the following targets for Groupe PSA (excluding Opel Vauxhall):
Deliver over 4.5% Automotive recurring operating margin [5] on average in 2016-2018, and target over 6% by 2021;
Deliver 10% Group revenue growth by 2018 [6] vs 2015, and target additional 15% by 2021.
[1] Groupe PSA revenue includes Opel Vauxhall (OV) since August 1st 2017; It does not include the impact of hyperinflation in Argentina following IAS29. The estimation of this impact is in progress.
[2] PCD market share, Q3 2018 vs Q3 2017
[3] As of 30 September 2018, growth at constant exchange rates (2015) and perimeter (excluding OV) versus revenue as of 30 September 2015.
[4] Excluding JV in China and Iran, including independent dealers
[5]Recurring operating income related to revenue
[6]At constant (2015) exchange rates and perimeter (excluding OV)
Exchange made easy: Bonus for Euro 1 to 4 vehicles of any brand when buying an Opel vehicle
Attractive trade-in offers for Euro 5 Opel diesel vehicles for customers living in German regions with especially high air pollution when they buy a new model
Opel is looking to a speedy fleet renewal as one way of reducing vehicle emissions and is therefore introducing a special environment bonus of up to €8,000: Owners of older diesel vehicles of any brand that meet the Euro 1 to Euro 4 emissions standards can benefit from this bonus. The condition is that the old diesel vehicle is handed in and scrapped. The bonus will also be paid when Euro 5 models made by Opel are traded in for an Opel vehicle [1] by customers who live or whose company is located in German areas [2] with especially high air pollution.
Both private and small commercial customers in Germany can take advantage of this attractive offer. Furthermore, Opel will also grant a further two years guarantee in addition to the manufacturer guarantee on young used cars [3].
“With the introduction of the “Opel Environment Bonus”, we are making it easier for customers to switch to the latest and most efficient Opel models and are thus contributing to an improvement of air quality. Customers who buy a new Opel now therefore need not fear city driving bans from today’s perspective,” said Jürgen Keller, Executive Director Sales, Marketing & Aftersales Opel Germany. Opel is already prepared for the future with its ultra-modern portfolio: The Rüsselsheim-based carmaker is ready for the new Euro 6d-TEMP emissions standard that comes into force for all new registrations in September 2019. The company already offers 127 passenger car variants that meet the more stringent limits of the new standard.
[1] New cars, demonstration cars and test cars.
[2] Areas with especially high air pollution: München, Stuttgart, Köln, Reutlingen, Düren, Hamburg, Limburg an der Lahn, Düsseldorf, Kiel, Heilbronn, Backnang, Darmstadt, Bochum, Ludwigsburg along with the neighbouring districts.
[3] Valid for selected young used cars from the existing stock of Opel Automobile GmbH.
When the horses moved under the bonnet: Opel starts with Patentmotorwagen in 1899
Mobility for the masses: Doktorwagen, Laubfrosch and Kadett pave the way
From Lutzmann to Insignia; 120 years of car manufacturing in Rüsselsheim
Company goal until this very day: Opel democratises technologies
The first Opel: Patent Motor Car, System Lutzmann, 1899
Opel is one of the carmakers with the richest tradition
in the world. Next year, the brand will celebrate 120 years of
automobiles. After listening to the advice of her sons Karl, Wilhelm and
Friedrich, Sophie Opel decided to start producing cars in 1899 – four
years after the death of company founder Adam Opel. What started in a
garage in Rüsselsheim am Main with 65 hand-made Opel Patentmotorwagen
“System Lutzmann”, has long become a mass phenomenon will more than 70
million vehicles built to date. From the very beginning, Opel championed
the cause of producing cars as efficiently as possible and thus making
them affordable for a broad audience. For example, Opel was the first
German manufacturer to introduce the especially economic assembly line
production as early as 1924. This helped the Opel 4/12 PS “Laubfrosch”
and all later Opel 4 PS variants become bestsellers. The
Rüsselsheim-based company already produced technologically-advanced
vehicles for the masses with the Opel P4 and the Kadett (already with a
self-supporting body) in the 1930s. Made in Germany and German
engineering became affordable and accessible. Opel even stayed true to
this democratising of mobility when developing a sports car: An
affordable dream car hit the roads in 1968 in the Opel GT.
The brand has played a leading role in all segments – models such as
the Opel Kadett, Rekord and Kapitän characterised the period of
reconstruction and the period of the economic miracle. Stylish icons
such as the Opel GT, Manta and Monza then followed. In the 1980s and
1990s models such as Corsa, Astra and Zafira then became bestsellers and
symbols of reunification. After the fall of the Berlin Wall and the
opening of the plant in Eisenach, Opel became more popular than ever
before. The first generation Astra was produced 4.2 million times
between 1991 and 1998 making it the most built Opel model ever. Until
this very day, the Rüsselsheim-based carmaker is firmly anchored in the
centre of society and offers technologies that are normally reserved for
expensive premium cars. Innovative solutions such as the IntelliLux LED Matrix light in the compact Astra (Car of the Year 2016) as well as in
the Insignia flagship, the AGR-certified active ergonomic seats
(available in many carlines) or the extensive array of assistance
systems for more safety and comfort (all carlines) are typical for Opel.
From Lutzmann to Opel Doktorwagen: The pioneering years
Opel joins the ranks of the automotive pioneers of the late 19th
century that include Daimler, Benz and Peugeot by buying Friedrich
Lutzmann’s motor car factory. In the spring of 1899, the first Opel
patent motor car “System Lutzmann” is built in Rüsselsheim. Two years
later, a converted Lutzmann wins the Heidelberg-Königstuhl “Mountain
Race” by beating “16 other vehicles made by well-known German
carmakers”. Overall, the development in the automotive industry is fast
and furious. While the first models are direct descendants of
horse-drawn carriages, Opel launches an ultra-modern small car for an
extremely competitive price in 1909. The 4/8 hp Opel Doktorwagen already
has an Opel engineered and Opel built 4-cylinder in-line engine. In the
adverts, Opel promises that it is ideal for “Doctors, veterinarians and
lawyers”. The Doktorwagen is available for prices between 4,000 and
5,000 Mark while many other cars made during this period cost 20,000
Mark. It transforms the motor car from a prestigious toy for the rich
and the famous into an affordable mobility solution for a broad
audience.
4/8 hp Opel Doktorwagen from 1909.
From Opel Laubfrosch to Kadett: Mass mobility
Friedrich – who had since been promoted to chief engineer – and his
brother Wilhelm introduce the assembly line production at Opel in 1924.
Ford were the first company to introduce this cost-cutting method in
America in 1913. Opel always had a keen eye for developments in other
countries. Adam Opel became fascinated by the sewing machine during his
years of travel in France and later the System Darracq provided a major
boost for car manufacturing in Rüsselsheim. The Opel brothers then
launch the innovative 4/12 PS “Laubfrosch”. The two-seater with a top
speed of 60 km/h is available for 3,900 Goldmark thanks to assembly line
production. Later, the “car for everyone” is available for 1,930
Reichsmark. In the following years, an entire vehicle family is created
based on the Laubfrosch technology. In total, 119,484 Opel 4 PS models
are made until 1931.
4/12 hp Opel “Laubfrosch” (Tree Frog), 1924
What these revolutionary cars are for the 1920s, the Kadett is for
the 1930s. Automotive progress is taking huge steps. The Kadett replaces
the successful Opel P4 and celebrates its debut with a self-supporting
steel body, single-wheel front suspension, 4-cylinder four-stroke engine
and hydraulic drum brakes. The prices are well below those of the
direct competitors. In 1938, the “normal” Opel Kadett limousine is
available for an affordable 1,795 Mark.
The Kadett nameplate is revived in 1962 and Opel ups the ante even
further with the Kadett A. While many competitors still rely on
two-stroke or air-cooled rear-mounted engine, the newcomers shines with
the comfort of a water-cooled 4-cylinder unit, a quiet 4-speed
transmissions and body styles ranging from coupé to Caravan.
From Olympia Rekord to the “KAD” models: Prosperity increases
The first all-new Opel after the war is the Olympia Rekord and it
sounds in a new era with its ponton-style body and chrome plated shark
mouth. The design takes cues from that of large American limousines –
and is perfect for the economic miracle that is just beginning. Those
who are successful want to show it again. And a new type of vehicle also
makes its debut with the Olympia Rekord Caravan – a lifestyle estate
for the whole family. An all-new Opel Kapitän arrives in 1954, the Opel
Rekord P2 is introduced in 1960 and the Rekord A follows in 1963 with
disc brakes and soon afterwards with 6-cylinders. No matter whether as a
coupé, estate or limousine – the mid-size Rekord becomes synonymous
with the new middle class in the young Federal Republic of Germany. Opel
produces 882,433 Rekord A by 1965. This success opens the door for the
“big three” and in 1964 the “KAD” – for Kapitän, Admiral and Diplomat
– arrive in the luxury class. The second generation of these KAD models
can even boast a unique level of driving comfort thanks to the
legendary de Dion rear axle. Opel introduces the safety steering column
in all passenger car models in 1968. Innovations to help cope with the
growing amount of traffic.
From the Opel GT to the Calibra: New sportiness
Opel Experimental GT was shown on a slightly slanted platform at the IAA in 1965 to emphasize the two-seater’s dynamic shape.
Opel becomes the first European manufacturer to open a true, modern
design studio in June 1964. And only one year later, the first concept
car from a European manufacturer, the Experimental GT, celebrates its
debut at the 1965 Frankfurt Motor Show. A further 36 months later, the
serial production Opel GT is available from Opel dealers and marks the
birth of a sports car legend. The icon is affordable for a broad
audience thanks to mass production technology and the GT is the next hit
from Rüsselsheim. The company sticks to this approach in the coming
years. Opel Manta shares its technology with the Ascona when it is
launched in 1970 and the Calibra “borrows” the Vectra’s technology from
1989.
The top-of-the-range variant of the aerodynamics world champion
(Cd of 0.26), the Calibra Turbo 4x4 delivers 204 hp and offers the
driving performance of sports cars twice its price.
From Opel Corsa to Ampera: Bestsellers and trendsetters
In 1982, Opel made a huge splash with a small car. Corsa A
rounded off the company’s offering by sitting neatly under the Kadett. Opel Corsa was an impressive display of getting the most out of a small
space without compromising on driving pleasure or cost effectiveness.
Every single generation of the Corsa (A to E) has driven and continued
the democratisation of individual mobility. To date, almost 14 million
Corsa have been registered.
And next year the next generation will
follow adding a new chapter to the story – with a fully electric version
of the Corsa.
Just as the Corsa has shaped the small car segment, the Zafira has
defined the compact van segment with room for seven since 1999. The
third row of seats that disappears entirely under the boot floor is
simply a stroke of genius. Owners of models made by competitors have to
painstakingly remove the additional heavy seats when the boot space is
required. Seven people can easily fit into the 4.32 metre long Zafira.
Alternatively, the compact van can double as a transporter in a matter
of seconds by folding award the seats and created a 1.56 by 1.15 metre
loading area with a total capacity of up to 1,700 litres.
The current
Opel Zafira is also a master of metamorphosis doubling as a transporter and a
lounge on wheels thanks to the Flex7 Plus seating system.
A further trendsetter follows in the footsteps of the Corsa and
Zafira after celebrating its world premiere at the 2009 Geneva Motor
Show: The Opel Ampera, a car that redefines electro-mobility. The 2012
Car of the Year drives electric and also has its own source of power on
board with the range extender. This makes the Ampera just as independent
from loading stations as a conventional passenger car.
Opel presents
the next generation of the electric car at the 2016 Paris Motor Show.
The Ampera-e has an all-electric NEDC range of 520 kilometres thanks to
its 60 kWh state-of-the-art lithium-ion battery. And the 150 kW/204 hp
electric motor gives it sports car-like acceleration. The next electric
car from Rüsselsheim will follow next year already and electro-mobility
will get another boost with the Corsa-e – out of the niche and on to the
road.
From Opel Astra to Insignia: New efficiency
Opel discovers the new lightness of being with the launch of the
current generation Astra in 2015. The compact car weighs up to 200
kilogrammes less than its predecessor did. The engine offering follows
the downsizing strategy: with smaller displacement and turbocharging,
lower fuel consumption and higher efficiency. For the first time, the
Astra is available with a highly efficient 3-cylinder direct injection
petrol unit and the revolutionary IntelliLux LED Matrix
light. The innovative system turns night into day without glaring other
road users – a unique feature in the compact class.
Opel Astra convinces
customers and experts alike and is voted “Car of the Year 2016”.
The Insignia A is the first Opel that can recognise traffic signs
from 2008 and offers the intelligent AFL+ lighting system. Just like the
Astra, the second generation of the Opel flagship has been trimmed for
efficiency. The new generation Insignia is lighter, more economic and
simultaneously much more spacious. A highlight feature of the Insignia
GSi, Country Tourer, Grand Sport and Sports Tourer is the adaptive
all-wheel drive with torque vectoring that can accelerate the rear
wheels individually in a split-second depending on the driving
situation. The Opel Insignia is the first vehicle made by a volume
manufacturer to offer this technology in the mid-size segment.
From Opel Mokka to Grandland X: SUV phenomenon
SUV is the buzzword of the hour in the automotive industry. Customers
want to sit a little bit higher to have a better overview and to enjoy
the flair of long-distance travel and adventure. Opel recognised this
trend at a very early stage and proposed a unique offer in the
B-segment. The cool sub-compact Opel Mokka is also available with all-wheel
drive and proves to be extremely popular from the very start. It is
joined in the compact class by the Opel Crossland X and the Opel Grandland X in
2017. All members of the X-Family are available with the AGR-certified
(Aktion Gesunder Rücken e.V.) active seats. Ergonomic and comfortable
seats have been a part of the Opel DNA for a long time – 120 years ago
the Opel Patentmotorwagen “System Lutzmann” already proudly sported
leather upholstery.
Premiere: First time one brand wins two awards in Auto Bild Klassik readers’ choice
Celebrities: Opel designer Erhard Schnell and touring car legend Volker Strycek accept awards
Vintage Car of the Year in the sports car and coupé segment: Opel GT designer Erhard Schnell next to his award-winning brainchild.
The 1968 Opel GT and the 1988 Opel Corsa GSi have won “Vintage Car of the Year”
awards. It is the first time ever that two cars made by a single brand
have celebrated victories at the “Golden Vintage Car” readers’ choice
award organised by magazine Auto Bild Klassik. The pan-European
award was established in 2010 and readers can choose their favourites
in six categories. The iconic Opel GT won the “Sports cars and coupés”
segment while the speedy Opel Corsa A GSi impressed in the “Small and
compact car segment”. Two very special Opel ambassadors travelled to the
award ceremony in Stuttgart. 91-year-old former Opel designer Erhard
Schnell accepted the award for his brainchild – the Opel GSi. Elsewhere
“Mister GSi”, Opel Director Performance Cars Volker Strycek, collected
the trophy for the Corsa GSi.
“The courage we displayed when designing the Opel GT has paid off
time and time again. I am delighted that its design still fascinates
people today and has resulted in it winning ‘Vintage Car of the Year’,”
said Erhard Schnell. “Opel has always built cars that spark emotion.
This is demonstrated by icons such as the Opel GT but also by little
sports cars such as the Corsa GSi – of which the latest variant is
currently available,” added Volker Strycek.
Vintage Car of the Year in the small and compact car
segment: “Mister GSi” Volker Strycek with the 1988 Opel Corsa A GSi.
Opel Corsa GSi was launched exactly 30 years ago. It was as
dynamic as a motorbike: extremely compact, 820 kg light, with cheeky
wheel arches, sport seats, 100 hp and a top speed of 188 km/h. It laid
the foundations for further Corsa GSi models and its DNA can still be
seen in its latest descendent. The latest generation Corsa GSi
celebrated its world premiere a few weeks ago. Powered by a turbocharged
1.4-litre petrol engine (fuel consumption[1]: urban 8.0-7.7 l/100 km, extra-urban 5.5-5.1 l/100 km, combined 6.4-6.1 l/100 km, 147-139 g/km CO2)
it accelerates from 0 to 100 km/h in 8.9 second and has a top speed of
207 km/h. The new Corsa GSi and its big brother the Insignia GSi are
thus continuing Opel’s successful GSi tradition.
A groundbreaking design was already a feature of the very first
sketch for Opel’s other winner at this year’s awards, the Opel GT.
Presented at the Frankfurt Motor Show in 1965, the Opel GT was already
rolling off the production line three years later thanks to the
excitement it stirred. The advertising slogan “Only flying is better” is
just as iconic as the “Coke bottle” shape and the “sleeping eyes”
pop-up headlights. Even back then, those responsible combined sportiness
with comfort and trendsetting efficiency – just as the Opel designers
are doing today with the Opel GT X Experimental.
The forward-looking brand concept is a bold, 4.06-metre, 5-door,
all-electric compact SUV with coupé appeal and brimming with innovative
ideas, which gives a preview of what the future holds for Opel models.
[1] Values measured according to WLTP and converted to NEDC for comparison.
Stronger customer orientation and dealer performance
Focus on high volume and high growth segments with three key launches by 2020: All-New Opel Corsa, Vivaro and Mokka X successor
Ensure CO2 compliance with state-of-the-art
technology: four electrified vehicles by end of 2020; 100 percent
electrification by 2024; further improved combustion engines
Opel is continuing to execute the PACE! plan product
offensive to meet customer needs and ensure compliance with the drastic
Europe-wide CO2 guidelines which become effective in 2020.
The future portfolio will ensure a sustainable, successful future for
both the company and its dealer network. From early 2019 to the end of
2020, the company will launch eight all-new or refreshed models,
investing primarily in high-volume and profitable segments. By then,
Opel will be offering one of the newest portfolios of all volume
manufacturers.
With its PACE! plan, Opel has clearly committed to bringing at least
one all-new model onto the market every year. In 2019 alone, Opel will
launch the new generation of the bestselling Corsa and the successor to
the successful Vivaro as LCV and passenger car variants. Additional
variants and equipment versions of the Combo will also be on sale, thus
significantly renewing the LCV portfolio.
The successor to the hugely
popular Opel Mokka X will follow in 2020 and will play a pivotal role
for the strategy to expand the proportion of the company’s SUV sales
from 25 to 40 percent by 2021.
“Opel goes electric” was one of the commitments made by the company
in November 2017 as part of its PACE! plan. Order books for both the
all-electric new five-seater Corsa and the Grandland X PHEV which will
be produced in Eisenach will be open by the summer of 2019. By the end
of 2020, Opel will have a total of four electrified models on offer,
providing a lot of driving pleasure and transforming e-car demand from
niche to volume. By 2024, there will be an electrified version of every
Opel model. Opel will make highly interesting offers, both technically
and economically, and will democratise electro-mobility while further
improving its combustion engines.
In order to contribute to the CO2 compliance and to focus
on high volume segments, the Opel ADAM, KARL and Cascada will not be
replaced after the end of their life cycles, but will remain on sale
until the end of 2019. With the new portfolio, Opel will continue to
cover around 80 percent of the mainstream market volume in 2020 – with
significantly higher efficiency and customer-orientation while
simultaneously reducing complexity.
“In a context of drastic CO2 norms, it’s our
responsibility to shape a sustainable future for our company and our
dealers with a highly competitive portfolio for passenger and light
commercial vehicles. Opel will offer fun to drive and emotionally
designed models including highly competitive light commercial vehicles
such as the new Combo and Vivaro. The customers will benefit from the
broad introduction of innovative technologies and affordable
electrification,” said Opel CEO Michael Lohscheller. “The most recent
awards – like the IVOTY 2019 for our Combo – demonstrate that we are on
the right path.”
The German manufacturer with almost 120 years of automotive tradition
is leveraging Groupe PSA platforms and innovative propulsion
technologies for all new models. Opel has impressively demonstrated its
efficiency this year: the entire portfolio was and is fully available
from dealers in time for the transition to the new Worldwide Harmonized
Light Vehicles Test Procedure standard (WLTP). Moreover, Opel is already
fully ready for the new Euro 6d-TEMP emissions standard and offers 127
passenger car models that meet the requirements which will come into
effect for all new registrations in September 2019. “Our commitment to
Euro 6d-TEMP is part of our strategy to become a leader in the reduction
of vehicle emissions and a key pillar of our customer-centric approach.
Whoever buys a new Opel now must not fear a city driving ban from
today’s perspective,” said Lohscheller.
Opel and sister brand Vauxhall benefitted from the
timely and consistent preparation of the transition to the new WLTP
(Worldwide Harmonized Light Vehicles Test Procedure) test cycle in
September: The brands achieved a combined passenger car and light
commercial vehicles market share of 7 percent (+ 0.8 percentage points
versus same month of 2017) in Europe in September[1]. This is the highest market share in an individual month since March 2016 and the highest September value since 2014.
“Seven percent Opel market share in Europe is a great result of which
we can be proud of. And our market share gains in Europe are broadly
based and above all achieved in the right and profitable channels. We
are benefitting from the fact that we have certified our portfolio
according to WLTP and Euro 6d-TEMP in good time. Whoever buys an Opel
now, can rely on the latest technology and gets peace of mind,” said
Xavier Duchemin, Managing Director Sales, Aftersales and Marketing, Opel
Automobile GmbH.
Last month, Opel registered a market share increase in 11 markets,
including the biggest European countries: In its home market Germany,
the brand increased its market share to 9.5 percent (+ 2.2pp) of the
total market, the highest share in an individual month since December
2010 and the highest September value since 2007.
Opel’s sister brand
Vauxhall registered a market share of 8.6 percent (+ 1.3pp) in the UK,
the highest result in an individual month for 13 months. In Spain, the
Opel market share was at 5.8 percent (+0.3pp), which represents the
highest September share since 2015. In Italy, the brand with the Blitz
achieved a market share of 5.4 percent (+0.6pp) also representing the
best score for a September since 2015 and the highest monthly result for
18 months. Opel’s market share reached 3.8 percent (+ 0.6pp) in France.
This is the highest market share in an individual month since May 2015
and the highest September value since 2010.
Opel achieved its highest market share of all European countries in
the Netherlands where the Rüsselsheim-based carmaker was the overall
market leader with a market share of 10.4 percent. In Belgium, the brand
registered a market share of 8.5 percent in the total market, the
highest September market share since 2009. In Slovakia, Opel achieved a
record market share of 9.5 percent.
Opel/Vauxhall market share of passenger car market (PC) and total market (PC + Light Commercial Vehicles)
PC Sep 18
Change PC versus Sep 17
PC+LCV Sep 18
Change PC+LCV versus Sep 17
Germany
10.2%
+2.6pp
9.5%
+2.2pp
UK
8.5%
+1.2pp
8.6%
+1.3pp
France
4.3%
+0.9pp
3.8%
+0.6pp
Italy
5.7%
+0.7pp
5.4%
+0.6pp
Spain
6.0%
+0.1pp
5.8%
+0.3pp
[1] Total Market Europe E30, according to preliminary figures, figures rounded
